Opinicus Capital Inc. Grows Position in Pacer US Cash Cows 100 ETF (BATS:COWZ)

Opinicus Capital Inc. raised its stake in Pacer US Cash Cows 100 ETF (BATS:COWZ) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,469 shares of the company’s stock after purchasing an additional 323 shares during the quarter. Pacer US Cash Cows 100 ETF accounts for 2.0% of Opinicus Capital Inc.’s investment portfolio, making the stock its 11th biggest holding. Opinicus Capital Inc.’s holdings in Pacer US Cash Cows 100 ETF were worth $2,456,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Pacer US Cash Cows 100 ETF by 17.8% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,369 shares of the company’s stock worth $79,000 after acquiring an additional 207 shares in the last quarter. Lodestone Wealth Management LLC grew its holdings in Pacer US Cash Cows 100 ETF by 0.6% in the 2nd quarter. Lodestone Wealth Management LLC now owns 51,994 shares of the company’s stock worth $2,833,000 after buying an additional 289 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in Pacer US Cash Cows 100 ETF by 0.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 33,418 shares of the company’s stock worth $1,821,000 after buying an additional 306 shares in the last quarter. Global Financial Private Client LLC raised its position in Pacer US Cash Cows 100 ETF by 1.3% in the second quarter. Global Financial Private Client LLC now owns 24,241 shares of the company’s stock worth $1,321,000 after acquiring an additional 309 shares in the last quarter. Finally, M3 Advisory Group LLC lifted its stake in Pacer US Cash Cows 100 ETF by 5.7% during the second quarter. M3 Advisory Group LLC now owns 6,345 shares of the company’s stock valued at $346,000 after purchasing an additional 344 shares during the last quarter.

Pacer US Cash Cows 100 ETF Stock Performance

COWZ stock traded down $0.04 on Monday, hitting $59.74. 1,635,757 shares of the company’s stock traded hands. The firm has a market cap of $24.58 billion, a PE ratio of 8.66 and a beta of 0.79. The stock’s fifty day moving average is $57.47 and its two-hundred day moving average is $56.12.

About Pacer US Cash Cows 100 ETF

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that is based on the Pacer US Cash Cows 100 index. The fund tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index. COWZ was launched on Dec 16, 2016 and is managed by Pacer.